Hi BP -
May or may not be in a debacle here so I wanted to consult the community. I am under contract via an assigned contract through a wholesaler. I just figured out the obscene margin that he is making (which does...

I'm not new to owning real estate, but I'm still new to investing in real estate.  As such, I don't want to claim that my strategy is set in stone, but I'm currently thinking that I'd like to acquire income producing ...

My lease states that no alterations to property are to be made without written consent. I just purchased the property 3 weeks ago, and one person has painted their kitchen cabinets as well as the front door(interio...

One of our Section 8 tenants just informed us that he may end up in an extended stay in a wheelchair. It is a 1st floor 2 bedroom apartment and he has a live in girl (on the lease). They have been tenants of the buil...

Heres the deal. I got a 3 family that already has condo docs in place. All 3 units are immaculate! All the buyer has to do is close and relist right away. No rehab! The multi is going for 649,000.00 to him. He will...

I had a "single" mother apply for one of my properties. According to social media, she is engaged to a guy and, as of 3 weeks ago, the relationship is in good standing.She never mentioned this guy to me and said she i...

This is mostly just to vent...Can anyone explain how the OPA (Office of Property Assessment) comes up with home values? It seems to me that certain properties are targeted for higher increases. Particularly properties...

if you’re figuring out the land value for depreciation purposes, can I use the Fair market value for the land? The county assessment taxes it at 59k which is WAY too high. A plot of land has sold for $8500, $10k and 2...

When starting up a new company and seeking funding, are you able to or is it taboo rather, to ask for payroll and/or operating fees during that start up?My scenario would be a start up property management company that...

I like many others wanted to get the best bang for my buck in my first real estate investments.  I decided I could do the work and manage the rental properties myself. I thought to myself, man, I don't want to pay som...